Overview

This property presents a remarkable opportunity to acquire a substantial landholding in Maylands, featuring 36 apartments available as a single transaction. The units comprise a mix of one and two-bedroom configurations, offering significant income potential and various development options, including light refurbishment, full renovation, or complete redevelopment.

Located within the City of Bayswater and zoned R50, this expansive 7,088 square meter site is primed for development. With a height limit of three stories, it offers excellent potential for medium to high-density projects, making it suitable for grouped dwellings or a three-story walk-up apartment complex.

Key Features:

• 36 units, including:
• 46 East Street: 8 one-bedroom units and 14 two-bedroom units.
• 52 East Street: 4 one-bedroom units and 10 two-bedroom units.
• Total land area of 7,088 square meters.
• 46 East Street: 4,253 square meters.
• 52 East Street: 2,835 square meters.
• Medium-density development potential in a rapidly evolving suburb.
• Four street frontages.
• Zoned R50.
• High-demand residential rental market.
• Proximity to shopping and retail hubs.
• City fringe location with excellent transport connectivity.

This property is available for sale by Expression of Interest, with submissions closing on April 1, 2026, at 4:00 PM WST.

For further information or to arrange a viewing, please contact the agents listed above.

Location